Ian Ayres, the author of Super Crunchers, gave a keynote at Fair Isaac’s Interact conference in San Francisco this morning. He made a number of interesting points related to his thesis that intuitive decision making is doomed. I found his points on random trials much more interesting, however. In one of his examples on “The [...]
Posts under ‘Decision Management’
Adaptive Decision Management
In this article I hope you learn the future of predictive analytics in decision management and how tighter integration between rules and learning are being developed that will adaptively improve diagnostic capabilities, especially in maximizing profitability and detecting adversarial conduct, such as fraud, money laundering and terrorism. Business Intelligence Visualizing business performance is obviously important, [...]
Agile decision services without XML details
Externalizing enterprise decision management using service-oriented architecture orchestrated by business process management makes increases agility and allows continuous performance improvement, but… How do you implement the rules of EDM in an SOA decision service?
Behind the CEP curtain – it’s about time, not the cache
TIBCO is the CEP vendor most focused on the market for business rules, as reflected in Paul Vincent’s post here. Although I agree with Paul that rule vendors are not currently offering enough in terms of support for long-running processes, the conclusions that he draws in favor of considering a CEP alternative to a BRMS [...]
Externalization of rules and SOA is important – for now
James Taylor’s notes on his lunch with Sandy Carter of IBM and the CEO of Ilog prompted me to write this. Part of the conversation concerned the appeal of SOA and rules to business users. Speaking as a former vendor, we all want business people to appreciate our technology. We earn more if they do. They [...]
CEP crossing the chasm into BPM by way of BRMS
Complex event processing (CEP) software handles many low-level events to recognize a high-level event that triggers a business process. Since many business processes do not consider low-level data events, BPM may not seem to need event processing. On the other hand, event processing would not be relevant at all if it did not occasionally trigger [...]
Agile Business Rules Management Requires Methodology
Don’t miss the great post about his and Ilog’s take on rule and decision management methodologies by James Taylor today (available here). Here’s the bottom line: Focus on what the system does or decides. Focus on the actions taken during a business process and the decisions that govern them and the deductions that they rely [...]
Rules are not enough. Knowledge is core to reuse.
James Taylor’s blog today on rules being core to BPM and SOA in which he discussed reuse had a particularly strong impact on me following a trip yesterday. During a meeting with the insurance and retail banking practice leaders at a large consulting firm, we looked for synnergies between applications related to investment and applications [...]
Elicitation and Management of Rules, Requirements and Decisions
A manager of an enterprise architecture group recently asked me how to train business analysts to elicit or harvest rules effectively. We talked for a bit about the similarities in skills between rules and requirements and agreed that analysts will fail to understand rules as they fail to understand requirements. For example, just substitute rules [...]
Business Rules Process Management
Some strategy folks in an enterprise architecture group recently asked for help making rules more relevant to their organization. Their concerns ranged from when to embed rules in their middle tier versus encapsulate them within services to identifying ideal use cases and reference implementations. They were specifically interested in coupling rules with BPM and BI. [...]